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General

Amdocs meets Q2 outlook with revenues up 7.3%

Wednesday 30 July 2014 | 09:12 CET | News
Amdocs reported revenues for its fiscal third quarter of USD 902 million, in line with its guidance and up 7.3 percent year-on-year. Adjusted operating profit for the three months to June reached USD 151 million or 16.7 percent of revenue, while adjusted EPS fell to USD 0.81 from USD 0.83 a year earlier. The net result was a profit of USD 0.68 per share, in line with the company's outlook of 61-69 cents. Amdocs generated USD 173 million in free cash flow and finished the quarter with a backlog worth USD 2.97 billion. For the fourth quarter, the company forecast revenue of 890-920 million,

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Categories: General
Companies: Amdocs
Countries: World
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